Energiser Investments FY Pretax Profit GBP0.5M Vs Loss GBP1.3M

8th Jun 2010 08:18

LONDON (Dow Jones)--Energiser Investments PLC (ENGI.LN) said Tuesday that for the year ended Dec. 31, 2009, it made a pretax profit of GBP0.5 million compared with a loss of GBP1.3 million. MAIN FACTS: -Change in fair value of investments GBP0.9 million (2009: loss GBP0.9 million) -Operating profit GBP0.7 million 92009: loss 1.4 million) -Pretax profit GBP531,000 (2008: loss before taxation: GBP1,250,000) -Earnings per share 1.87 pence (2008: loss 10.24 pence). -As at Dec. 31, 2009 net assets of GBP255,000 (2008: net liabilities of GBP399,000). -Directors do not intend to recommend a dividend. -Principal investment is now in its property development in Wellingborough and unless conditions in the domestic U.K. housing market improve substantially, it is unlikely that the future results will match those for this financial year. -The economic way forward will continue to be challenging. -Shares at 0717 GMT down 0.13 pence, or 3.0%, at 4.0 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires June 08, 2010 03:18 ET (07:18 GMT)